Snappy Gifts Overview
Snappy Gifts has developed a corporate gifting platform that enables businesses to send gifts to their employees, clients, and partners. The platform allows companies to send personalized gifts from a curated selection of products, including electronics, home goods, wellness products, and more. Recipients can choose their preferred gift from the selection or opt to receive a gift card instead. Snappy Gifts aims to make the gifting process easy and hassle-free for businesses while providing a thoughtful and enjoyable experience for recipients.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
As part of the Growth+ project by Calcalist and Poalim Tech, seasoned entrepreneurs like Hani Goldstein, founder of gift platform Snappy, are meeting with early-stage founders such as Eti Neaman of Neao to share hard-earned lessons about building, growing, and surviving in today’s volatile tech landscape.
The article discusses the Growth+ project by Calcalist and Poalim Tech, which connects seasoned entrepreneurs with early-stage founders to share insights on building and growing startups. Hani Goldstein, founder of Snappy, shares her experience of initially targeting consumers with a gift app, only to find success with business clients. This pivot led to significant growth for Snappy. Eti Neaman of Neao highlights challenges in raising funds and entering healthcare organizations. The project emphasizes the importance of mentorship, resilience, and maintaining personal balance amidst economic and geopolitical challenges. The initiative aims to equip entrepreneurs with the tools and support needed to navigate the volatile tech landscape.
Customers
growth-positive
Gift platform Snappy raises $25m as valuation halved
Israeli startup Snappy, a gift platform for employees and customers, has completed a $25 million Series D financing round led by Qumra Capital. This brings the total amount raised by the company to $130 million. The financing round was completed at a company valuation of $180-200 million, half of the $400 million valuation given to Snappy when it raised $70 million in 2021. Snappy has returned to growth with a 40% increase last year and an annual revenue of about $30 million. The company has also launched a new service allowing companies to provide gifts to employees and order marketing gifts for conferences and events.
Investment
growth-positive
Snappy Introduces Personal Gifting Plugin for ChatGPT
Snappy, a gifting company, has launched a personal gifting plugin for ChatGPT. The plugin uses Snappys proprietary gifting data and expertise to generate custom-curated gift collections based on the recipients interests, hobbies, and the desired gift budget. The plugin allows gift-givers to personalize the experience with a message and a range of digital wrapping experiences. Snappy offers a catalog of over 10,000 gifts from trusted partners. The plugin can be installed from the ChatGPT store directly without any additional charge.
CustomersPartners
growth-negative
Gifting platform Snappy sacking 30% of its workforce, around 100 employees | CTech
Snappy, a gifting platform, is laying off 100 employees, which accounts for around 30% of its workforce. The company has completed a $70 million Series C funding round, bringing its total funding to over $105 million. The layoffs are a result of economic shifts and uncertainties in the tech industry. Snappy aims to orient its financial profile toward sustainable growth and profitability. The companys approach to curated gift collections allows recipients to choose their gifts before delivery, making it more efficient and environmentally friendly.
Layoffs
growth-positive
Snappy celebrates the holidays with explosive growth
Snappy, an Israeli startup that helps organizations treat their employees to gifts and experiences, has achieved 18,708% growth in revenue over the last three years. The company operates as a marketplace connecting companies to brands, with 1,400 customers including Microsoft, Salesforce, Zoom, and Comcast. Snappys growth was facilitated by the COVID-19 pandemic, as companies sought ways to show gratitude to remote workers. Snappys personalized and gamified gift-giving platform allows employers to offer gifts instead of money, creating a more thoughtful and appreciated experience. The companys founders aim to make people happy and build a big company that can achieve that mission.
CustomersPartners
| Sector | Media & Entertainment Technologies |
Funding
| Total funding | $130M |
| Last funding | $25M |
| Stage | D |
| Rounds | 4 |
| Investors | 6 |
Team Members
3
Employees: 201-500
Web & Social Links
| Website | www.snappy.com/ |
| Careers | Careers page |
Locations
Shlomo Ibn Gabirol St 30, Tel Aviv-Yafo, Israel
7 Irving Pl, New York, NY 10003, USA
Photos & Videos
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